Electric Vehicle Penny Stocks to Watch After the Long Weekend
As we head toward the end of January, penny stocks continue to ride the bullish wave. There has been an incredible amount of momentum building up in these cheap names in the past six months. One of the most interesting and undiscussed factors in play right now is the infusion of retail investors. Given that trading platforms like Robinhood are making investing easier than ever, there is a large amount of new capital in the stock market.Â
With this, investors are always searching for the best and most potentially valuable penny stocks to buy. With so many new traders, volatility seems to be at an all-time high. This is not true across the board, but it is something to keep in mind. Weâve also seen a boost of interest in certain areas of the market. Electric vehicles are one of these areas. So with a full year ahead of us, there are a few things that investors should know before picking certain EV penny stocks for their watch list.